The largest Insider Buys this week were for AT&T Inc. (T, Financial), Celgene Corp. (CELG, Financial), Crown Castle International Corp. (CCI, Financial), and Marriott International Inc. (MAR, Financial).
AT&T Inc. (T, Financial): Director Piazza Samuel A. Di Jr. bought 7,690 shares
Director Piazza Samuel A. Di Jr. bought 7,690 shares of T stock on Aug. 8 at the average price of $32.48. The price of the stock has decreased by 0.68% since.
AT&T Inc. an American multinational telecommunications conglomerate that is the second largest provider of mobile telephone services and the largest provider of fixed telephone services in the United States. It also provides broadband subscription television services through DirecTV. The company has a market capitalization of $234.27 billion, and as of Aug. 10 it traded at $32.26.
On July 24 AT&T Inc. reported second quarter 2018 results. Diluted earnings per share was $0.81 compared to $0.63 during the same quarter prior year. Consolidated revenues for the quarter was $39.0 billion while cash from operations increased 17.5% to $10.2 billion. Capital expenditures for the quarter was $5.1 billion.
Celgene Corp. (CELG, Financial): Director John H. Weiland bought 5,575 shares
Director John H. Weiland bought 5,575 shares of CELG stock on Aug. 7 at the average price of $89.73. The price of the stock has increased by 1.65% since.
Celgene Corp. is an American biotechnology company that researches, develops, and commercializes treatments relating to cancer and inflammatory disorders. The company’s major product is Revlimid, which in combination with dexamethasone treats multiple myeloma in patients. Revlimid is sold through proprietary risk management distribution programs to ensure safe and appropriate use. The company has a market capitalization of $64.15 billion, and as of Aug. 10 it traded at $91.21.
On July 26 Celgene Corp. reported second quarter 2018 results. Net product sales for the quarter was $3.808 billion, a 17% increase compared to the same period prior year. Total revenue for the current quarter was $3.814 billion, a 17% increase compared to $3.271 billion in the second quarter of 2017.
Crown Castle International Corp. (CCI, Financial): Director J. Landis Martin bought 9,900 shares
Director J. Landis Martin bought 9,900 shares of CCI stock on Aug. 8 at the average price of $110.14. The price of the stock has increased by 0.18% since.
Crown Castle International Corp. is an American wireless communication services company. The company is the United States’ largest provider of shared communications infrastructure with more than 40,000 cell towers and approximately 60,000 route miles of fiber supporting small cells and fiber solutions. The company has a market capitalization of $45.77 billion, and as of Aug. 10 it traded at $110.34.
On Aug. 2 Crown Castle International Corp. announced that its Board of Directors has declared a regular quarterly cash dividend of $1.05 per common share. The dividend will be payable on Sept. 28 to shareholders of record at the close of business on Sept. 14.
Marriott International Inc. (MAR, Financial): Director Frederick A. Henderson bought 1,640 shares
Director Frederick A. Henderson bought 1,640 shares of MAR stock on Aug. 9 at the average price of $120.84. The price of the stock has decreased by 0.56% since.
Marriott International Inc. is an American international diversified hospitality company that focuses on managing and franchising a broad portfolio of hotels and lodging facilities. The company is the largest hotel chain in the world and has more than 6,500 properties in 127 countries. The company has a market capitalization of $41.69 billion, and as of Aug. 10 it traded at $120.16.
On Aug. 9 Marriott International Inc. announced that its board of directors has declared a quarterly cash dividend of $0.41 per share of common stock. The dividend is payable on Sept. 28 to shareholders of record at the close of business on Aug. 23.
For the complete list of stocks that were bought by their company executives, go to: Insider Trades.
Disclosure: I do not own stock in any of the companies mentioned in the article.
